Euronews: AT&T Goes on the Prowl
AT&T Inc., Nokia Corp., Ericsson AB and Iliad proffer something for the weekend in today's trawl of the EMEA headlines.
AT&T is becoming increasingly interested in potential M&A action in Europe, according to this report on Bloomberg. According to one source, the U.S. giant approached the Spanish government to float the idea of it buying nearly a third of Telefónica SA, and is also considering various Vodafone-owned assets. (See Euronews: Did AT&T Prep Telefónica Bid?)
Is Nokia's share price less than it should be? That, suggests this report on Reuters, is the question being asked by investors in the light of recent takeover and/or merger speculation surrounding the handsets giant. Huawei Technologies Co. Ltd. and Microsoft Corp. have both been cited as having designs on Nokia in recent weeks. (See Euronews: Does Huawei Have Designs on Nokia? and Nokia Poll: Microsoft Merger Expected.)
Ericsson says its inhouse-developed Diameter Signaling Controller is the key technology enabling Swisscom AG to offer LTE roaming services to its jet-set customers. (See Euronews: Swisscom Boasts LTE Roaming.)
Not content with putting the cat among the pigeons in the French mobile market with his cut-price Free Mobile brand, Iliad founder Xavier Niel now has his eye on Belgian possibilities, reports Telecompaper (subscription required), citing Trends-Tondance. Specifically, Niel said he would be interested in buying KPN Telecom NV's BASE or Orange's Mobistar SA, if they were available. Sadly for Niel, they're not. (See Euronews: Iliad Gets the All-Clear on Free Mobile and Iliad Disrupts the French Mobile Scene.)
— Paul Rainford, Assistant Editor, Europe, Light Reading